Author: Crypto Insider

Security researchers have discovered a troubling new method that hackers can use to extract private keys from a Bitcoin hardware wallet even with only signed two transactions, which they’ve named “Dark Skippy.” The vulnerability potentially affects all hardware wallet models — though it can only work if the attacker tricks the victim into downloading malicious…

Decentralized prediction markets are gaining recognition as an innovative aspect of the broader cryptocurrency and blockchain ecosystem, but their adoption remains limited in many regions, including Africa. Despite this, there is a growing sentiment among crypto stakeholders that Africa holds significant potential for the success of these markets, with a rapidly expanding cryptocurrency market, increasing…

The Federal Reserve Bank of New York has released a report on the effect of sanctions on Tornado Cash, the crypto mixer blocklisted by the United States Treasury Department in 2022. Sanctions work, by and large, even in decentralized finance, the report concluded. The report’s findings also apply to Ethereum. The Ethereum network’s resistance to…

Stablecoin USDe has launched on the Solana network, according to an Aug. 7 announcement from its developer, Ethena Labs. Borrowers will be able to use Solana as collateral for USDe loans as soon as Ethena (ENA) token holders approve their use. USDe is also integrated with several Solana apps, including KaminoFinance, Orca, Drift, and Jito. USDe…

Of the 30 tokens listed by cryptocurrency exchange Binance in 2024, all but one are in the red—and most are down badly, according to a post by crypto researcher Coin98 Analytics on the X social media platform. The sole exception is Jupiter’s native token, JUP, which has risen 21.2% since listing on Jan. 31 and now has…

The European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is gradually coming into effect in line with its planned implementation timeline. The initial set of regulations, which took effect on July 1, focused on stablecoins and their issuers. These clear guidelines have both cleaned out the market of players not able to meet regulatory requirements and created a favorable…